A New York man got five years in prison followed by three years of supervised release for using secret card-reading devices and pinhole cameras on various New Jersey bank locations to steal at least $390,141, said officials at the U.S. Attorney’s office.
Bogdan Rusu, 39, of Queens, NY, pleaded guilty before U.S. District Judge Esther Salas to an information charging him with one count of conspiracy to commit bank fraud. Judge Salas imposed the sentence Jan. 7 in Newark federal court.
From August 2014 to November 2016, Rusu and others engaged in a widespread bank fraud conspiracy that targeted various banks in Massachusetts, New York and New Jersey, according to court records.
Rusu and others captured payment card account information from customers as they accessed their accounts through automatic teller machines (ATMs) and then used that information to steal money from the customers’ bank accounts.
As part of the scheme, Rusu and others installed devises on ATMs in New Jersey and elsewhere to illegally obtain customer account information, including account numbers and personal identification numbers, according to court records. Rusu and others would then transfer the illegally obtained information to counterfeit payment cards and use those counterfeit cards to steal money from the accounts. Eleven other defendants charged in this scheme have pleaded guilty.